Healing Hearts Bank

What is Healing Hearts Bank?

Healing Hearts Bank is a micro-lending program that provides women and families in need with micro-loans of up to $500 to help further their financial independence. Since opening our first Healing Hearts Bank in 2011, we have provided more than 200 loans to women in our community.

Who Do We Help?

NCJWSTL partners with local community organizations to provide micro-loans to women and families who may not have access to traditional banking for items related to income generation, credit building, and increased self-sufficiency. Borrowers are clients of the program’s partner organizations.

How Do We Help?

NCJWSTL volunteers serve as bankers for the Healing Hearts Bank program. The volunteer bankers review loan applications, serve as a resource for program procedures, and support borrowers throughout the term of their loan. Our micro-loans range from $50-$500 and have an interest rate of 2.5%. All loans are reported to credit agencies in order to help borrowers build credit.

What Is Our Impact?

Since opening our first Healing Hearts Bank branch in 2011, our loans have helped borrowers find safe housing, start businesses, improve their credit scores, find employment, and fulfill goals to help them achieve financial independence. Since then, more than 200 women referred from 19 partner agencies have received a Healing Hearts Bank loan.

“I want to thank NCJWSTL for giving me the most valuable gift of all, faith in myself again, to make sound and rational financial decisions. Sometimes all one needs is a chance, and, you have provided me with that chance,and for that, I am grateful.” Healing Hearts Bank Borrower –
“The dignity, discipline, self-esteem, and financial independence I am achieving as a result of receiving this micro-loan is immeasurable and invaluable.” Healing Hearts Bank Borrower –